One of the things people criticise Bitcoin for is how they have a difficult time understanding the underlying technology and how the digital currency ecosystem works. But these same people fail to realise they have been using different types of technology for years, all the while not even fully understanding how it works. Twitter is a prime example of doing so.

Making a Bitcoin exchange platform more appealing to international customers can be done in various ways. Offering more international payment methods is just one way to tackle this problem. In the case of major Bitcoin exchange BTC China, the team decided to rebrand to “BTCC”, as part of their international expansion plan.

Interesting Name Change for International Expansion

Having the term “China” associated with a Bitcoin exchange can cause a few issues down the line. Novice users might assume that BTC China is only available to Chinese or Asian customers, even though the platform can service nearly every country in the world right now. Plus, with most of the Bitcoin trading volume originating in China, a name such as “BTC China” could create a bit of confusion in the community. Read more...

It is a public secret that traditional Bitcoin companies are often faced with one pressing question: are they solvent or not? Despite the usage of an open ledger to record transactions and balances, most Bitcoin companies do not disclose company wallet addresses. But, if we ever want to take Bitcoin to a mainstream audience, that situation might have to change sooner rather than later.

The Issue of Solvency Slows Down Bitcoin Adoption

Bitcoin’s history has been filled with scams; companies going bankrupt and services disappearing into thin air. Most of the stories stem forth from one common issue: not being solvent to continue operations. Rather than being transparent about this fact towards customers, most companies simply continue operations until there is no more money coming in altogether. Read more...

Most Bitcoin enthusiasts around the world are focusing their promotional efforts on explaining blockchain technology to novice users and anyone who will listen. At this point, most of the blockchain technology development efforts are focused on the financial aspect. Blockchain Capital is planning to change that.

Blockchain Capital, Formerly Known as Crypto Currency Partners

The name Blockchain Capital may not ring a bell with some of our readers, and that is only normal. This firm started out under the name Crypto Currency Partners and is best known for the person in charge, who is none other than Brock Pierce. But that is not all, as this firm has made a name for itself due to its investments in Bitcoin and blockchain-related projects. Read more...

A major announcement was made late last night when Banx Capital announced they are joining the BitShares Exchange Network later this summer. This move brings a lot of advantages for both parties, as Banx Capital can cut down costs and expand their variety of services while BitShares Exchange Network gains a reputable partner.

Banx Capital – A Portfolio of Cryptocurrency Businesses

The name Banx Capital is synonymous with a variety of cryptocurrency services, ranging from a news outlet to a mining company, and even their cryptocurrency exchange BANX.IO. But there is much more to Banx Capital than just that, as their enterprises span the entire digital currency industry. Read more...

Whenever a bank makes a positive statement on any aspect of Bitcoin, the digital currency community is both excited and worried at the same time. Most of the community want banks to adopt the Bitcoin technology for their financial services, even though that might bring even stiffer competition to the monetary aspect of Bitcoin itself.

Santander: “Bitcoin Has a Lot of Use Cases.”

In Spain, most of the banks are warming up to the idea of Bitcoin and its underlying technology. As we have seen from initiatives such as Chip Chap, it is possible to use major bank ATM’s to convert Bitcoin to fiat currency, even if you are not a customer of that financial institution. Read more...

Whenever an existing platform starts accepting Bitcoin payments, there is always cause for joy among the digital currency community. Not just because this may indicate that these services will gain additional customers who can finally pay in Bitcoin, but also because they help spread the name of this digital currency. The latest service to accept Bitcoin payments is none other than AdBlock, one of the most widely used browser plug-ins in the world. Read more...

A new trend in the world of Bitcoin and digital currency involves bringing consumer’s attention to using alternative payment methods. One way to tackle that problem is by bringing Bitcoin and digital currency to convenience stores, which are part of our everyday lives. Similar initiatives have taken place in countries such as Mexico, and it looks like Taiwan is next. Read more...

When federal agents brought down the Silk Road platform, many people in the Bitcoin space hoped that using this disruptive digital currency for drug trafficking would slowly come to an end. Unfortunately, it turns out that is not the case; online drugs sales are still on the rise and pseudonymous and anonymous payment, such as Bitcoin, are still very popular in that market.

Silk Road Shut Down

Silk Road will always remain a bit of a black page in the Bitcoin history books. While the idea of an open and free peer-to-peer marketplace sounds great, there is always someone trying to use it for nefarious activities. Or, in the case of Silk Road, it became mainly used for illegal activities such as drug trafficking and other goods and services that shouldn’t see the light of day. Read more...

When it comes to using Bitcoin, many people see it as taking a “leap of faith”. Everyday consumers are now blindly putting their faith and trust in banks and financial institutions, even though these entities have already proven – multiple times – they can not be trusted. But who is trusting Bitcoin more than fiat currency, which is still backed by “something” or “someone” tangible?

Bitcoin Is More Than Money

One of the major misconceptions people have about Bitcoin is that it is “magic internet money”. In fact, more and more people see Bitcoin as “free money” since additional coins are still being generated as we speak. And while that is true to a certain extent, there is no such thing as “generating free money” unless you’re a central bank. Read more...